Comment by the-dude | Hacker News Reader

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Comment by the-dude | Hacker News Reader

Does anybody know if there any advantages to Square over Stripe?

For us, Stripe charges 1.4% for European cards ( we are based in Europe ).

That is significant.

Stripe only charges 1.4% for European cards? I've been paying 2.9% for all cards, even if they're based in Europe.

Are you based in Europe?

No, US. So if based in Europe charging European cards it's 1.4%? Wish US-based charging US-cards was as favorable.

EU:

https://stripe.com/nl/pricing https://stripe.com/de/pricing https://stripe.com/gb/pricing

etc.

US and Japan for example: https://stripe.com/us/pricing https://stripe.com/jp/pricing ( no fixed )

Must have something to do with: http://europa.eu/rapid/press-release_IP-15-4585_en.htm

Visa and MC are responsible for that, and Visa and MC will say that the regulatory frameworks in these countries dictate that level of pricing.

The interchange rate is capped in the EU, but not cross-border.

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